Midea, one of China’s largest home appliance makers and best known brands is forging inroads into the large Indian consumer market. The consumer durable maker has joint hands with Carrier Corp. to forge a joint venture with a combined investment of US$33 million to...
A bearish market led by doubts over Indias growth prospects has led the finance ministry to take a rather bold step over the weekend. New Delhi announced that individual overseas investors can now put cash directly into Indian stocks. Qualified foreign investors, or...
Despite rocky markets and turbulent times, China’s Initial Public Offering market has once again eclipsed the US, highlighting the shift in global financial activity from west to east. Companies raised US$73-billion from IPOs in Shanghai, Shenzhen and Hong Kong...
Setting her house in order, Chinese securities regulator announced late on Friday that renminbi held offshore could be used to buy equities within China, a long-awaited reform that is critical to promoting more international use of the Chinese currency. A trial...
A month away from the year of the dragon, known for its temperament and wild swings, Inchin Closer takes a look at what 2012 will have in store for the global economy from a China-India perspective. While their sweet and sour relations continue to tantalize the world,...
Brushing away fears of yet another diplomatic spat between Delhi and Beijing, Wang Xuefeng, consular at the Embassy of China in India said “In the past three years, Chinese enterprises have completed India infrastructural projects with a total value of ten billion...
